"هارْفارْد جامِعة مُهِمّة."

Translation: Harvard is an important university.

[Ollie-Benson]

Would there be a difference in Arabic between saying "Harvard university is important" vs "Harvard is an important university"?

"Harvard university is important" is considered incorrect. I've reported it just in case it should be accepted.

[momobrika]

It is saying that Harvard is an important University (or, literally, Harvard [is a] university [that is] important). It does not say that the university of Harvard is important. That would be: ّجامِعة هارْفارْد مُهِم. 'University [of] Harvard [is] important.

[_FiX_]

جامعة هارفارد مهمة

(feminine)

[rbbekkhus]

Is there no letter v?

[gabbrother]

No v nor p, but it depends on the dialect - some say it and even borrow letters from the Persian alphabet (that is based on the arabic one)

[TheTwicksS]

In Arabic the letter v does not exist instead they replace it with the letter FAA/f

[Suzan502737]

No. V is pronounced f